In June 2024, 4 million equity mutual fund folios were added, raising the total to 133 million, according to AMFI. Sectoral funds, contributing 37.84% of gross inflows and over 40% of new folios for a second month, spearheaded this growth.
If you see the weight of dollar index itself, 55% is indirectly the euro, then the Swedish Krona, and then the Yen, like all three
Nilesh Shah, MD of Kotak AMC, highlights the performance of gold and the Nifty, noting gold’s potential for great returns. He discusses market fundamentals, recommending
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